4.3.4 Prepayment Models

This module describes the procedure to build Prepayment Models. These Prepayment Mod­els can be referenced by a Prepayment Rule to Model Prepayment Behavior of instruments based on a range of instrument level attributes.

The Prepayment Model consists of the Prepayment Dimensions and the Bucket Values for these Dimensions. To define the Prepayment Model Structure, you can select a maximum of three prepayment dimensions. After the dimensions and the number of buckets (tiers) are defined, you need to assign values to the buckets.

Topics:

• Prepayment Model Summary Page
• Search Prepayment Model
• Create Prepayment Models
• View and Edit Prepayment Models
• Copy Prepayment Model
• Delete Prepayment Model